Solana SIMD-0228 Proposal has concluded voting, receiving 43.6% approval votes and did not pass.

BlockBeats News, March 14th, data shows that as Epoch 755 concluded, the Solana community's proposal SIMD-0228 to reduce SOL staking inflation has finished voting. The proposal received 43.6% in favor, 27.4% against, and 3.3% abstaining votes, failing to pass (total turnout 74%).

It is reported that the SIMD-0228 proposal suggested a significant adjustment to Solana's token issuance model. Specifically, the proposal aims to transition the inflation model of the SOL token from the current fixed rate to a dynamic market-based mechanism pegged to the staking participation rate. By dynamically adjusting the inflation rate based on SOL's staking ratio, the proposal seeks to optimize Solana's monetary policy to enhance the network's flexibility and efficiency.